The event is being held under the auspice of H H Sayyid Taimur bin Asad bin Tariq al Said, assistant secretary general for communication at the Research Council.
Around 150 companies from power and water sectors are participating in the fourth edition of Oman Energy and Water Conference and Exhibition. Omanexpo, in partnership with the Public Authority for Electricity and Water (Diam) has organised the event.
The three-day exhibition and conference is being held under the theme ‘Smart Management of Energy and Water Systems’.
Speaking at event Ali Hamad al Ghafri, chairman’s assistant for international relations and conferences at Diam said, “As Oman is on the path of economic diversification, rationalisation of cost for water and electricity has become a thing of prime importance for all the stakeholders. Conferences like this helps in understanding new developments in the segment by learning from each other’s experience, particularly as everybody is talking about smart solutions to reduce cost.”
The keynote address at the event was delivered by Eng Nasser al Shahrani, executive vice president of the GCC Interconnection Authority. Shahrani said that the cooperation between the GCC countries on sharing the power grid has resulted in billions of dollar savings.
“Going forward, the usage of renewable energy and adoption of smart solutions could help the power sector in the region to become very efficient economically. It will also help the countries in reducing their dependence on fossil fuels,” Shahrani added.
He highlighted that, going forward, the GCC region could become a supplier of electricity to Europe also as Europe’s peak demand months are November to March while the GCC region’s demand for power is maximum during mid-year months.